International oil prices fell during Tuesday's trading, after they succeeded in reducing some of their losses yesterday, in light of the recent statements of Moderna International regarding the effectiveness of vaccines with the Corona virus. The new one, called Omicron.
Oil prices fell by more than 3% during today's session, in conjunction with the statements of the head of Moderna, the owner of the vaccine against the Corona virus named after her, that the existing vaccines may be less Effectiveness with the new mutant Omicron.
The World Health Organization has warned that Omicron poses a very high risk to humans, while several countries have stepped up restrictions on cross-border travel to avoid the spread of the virus.
The World Health Organization yesterday advised its 194 member states that any increase in infections could have serious consequences, but ruled out linking any deaths until Now with the new mutator.
On the other hand, markets are awaiting the (OPEC +) meeting expected this week, amid expectations that the alliance will suspend its plans to add 400,000 barrels per day of supplies in January.< /p>
In terms of trading today, the futures contracts for the benchmark Brent crude for January delivery decreased by 3.4%, or the equivalent of $2.53, at the level of $70.91 a barrel.
The US NYMEX crude contracts for January delivery also fell by 2.9%, or the equivalent of $2.05, to reach $67.90 a barrel.
